BUS LAW 63980

subject Type Homework Help
subject Pages 5
subject Words 419
subject Authors David P. Twomey

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A deed, like a contract, must be supported by consideration to be effective.
If the parties involved agree that personal property will be considered a fixture, it will
be deemed to be a fixture without the application of legal tests.
An agency contract may be created by the oral appointment of an agent.
Trademarks may be used to protect the exclusive right to identify either products or
services.
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Consumer goods are classified into different categories based on the debtor's intended
use, not the physical characteristics of the goods.
A house-painting contract is discharged if continual rain makes it impossible to
complete the painting by the time specified in the contract.
Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, a
discharge is available only once every ten (10) years.
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United States companies are encouraged to use an international registration system for
resolving disputes regarding names for Internet sites.
The Administrative Procedure Act is a federal law that establishes the operating rules
for administrative agencies.
A lessor can always refuse to renew the lease of a tenant who reports the landlord to the
fire department for violation of fire safety laws.
Offensive or derogatory language used by one person to describe another constitutes the
tort of slander.
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A father's oral promise to his daughter and her fiancée made in consideration of their
contemplated marriage is binding when made in the course of a serious discussion.
An employment contract always will state a time or duration for the contract's
applicability.
While most states have adopted limited liability company statutes, few states have
created statutes allowing the formation of limited liability partnerships.
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Hiring an individual with a criminal record is conclusive proof that the employer is
liable for the tort of negligent hiring.
Contractual capacity can exist even though a party does not understand every provision
of the contract.

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